Tag: stock exchange & stock markets

Threatening development of Fund vessels of the Fund submitted by the listed issuer of HCI, HCI shipping select XVII is in big trouble. Two of the five ships, the HR Majesty (former MS Beluga Majesty) and the Hellespont triumph are economically vulnerable. As the Fund newspaper reported, the financing bank of HR Majesty denied a much-needed additional financing. The tanker Hellespont triumph has the search after a new charterer started after the former charterer Sanko steamship in early July has filed the creditor protection proceedings and pay more any Charter. Due to the age of the tanker the search create itself after a new charterer as little promising.

If no solutions for the acute liquidity problems of both ships is found, threatened with insolvency of both ships. Funds are not good news for the investors of the HCI. Also for the other three ships the situation doesn’t look good. The Fund newspaper reported that among them disbursements, repayments and Liquidity reserve according to current HCI current – account balance under the plan are. Apparent economic failure in this Fund? The investors of the HCI shipping select XVII are now faced with the question of the impending loss to accept, or to their money the chances to fight are. However, it is to note that threatens the limitation of damages may already be at the end of 2012. Fast action is therefore recommended.

More information about the limitation of claims by investors in closed-end funds: Office /… Good opportunities for the enforcement of claims for damages why we come to this fundamentally optimistic assessment? For many clients who are involved in the HCI of funds shipping select XVII, we have so far examined the deliberations, as well as the prospectus of the Fund and our opinion found brochure defects, as well as faulty investment advice. Both justified claims for compensation against the Adviser, Advisory banks and the Founding partner of the Fund, who are also liable under a recent decision of the BGH for wrong advice – firm/news /…

Lack of liquidity reserves, devaluations and distressed sales led to significant turbulence in the industry during the financial crisis. An end is not here yet and could pose risks even in the medium term. Many writers such as Robert Kiyosaki offer more in-depth analysis. One fundamental reform of open real estate funds is also approaching. Learn more on the subject from Hyundai. The short-term ability to sell a plant in open-ended real estate funds might be drastically limited. Alarmingly, the current reviews of open real estate funds by the rating agency scope work also.

23 were devalued by 29 analysed Fund. Scope open warns of an industry consolidation, owing to which might lead to the liquidation of open real estate funds. Therefore, it remains open whether the success of open real estate funds against this background 2010 continues in the second quarter. Also closed-end funds enjoyed rising popularity. The industry could collect 844,3 million euro in the first quarter of 2010. 64 percent or 542,5 million were invested in closed-end real estate funds, EUR 326,7 million in closed-end Germany real estate funds.

This corresponds to an increase of 277 percent compared to the first quarter 2009 and confirmed the strong trend towards to closed-end real estate funds. This is likely to be against the background of the current issues around on the open real estate funds Further strengthen the trend because not the market risks of open real estate funds are closed-end real estate funds due to their long-term and strategic nature. Lone leader in the energy funds are solar Fund. Here could 2010 around 75 million euros will be raised in the first quarter, which corresponds to about 97 percent of all energy fund. The general trend in the fund industry targets even at the beginning of the year 2010 on substance, sustainability and risk diversification. Under the impression of the financial market crisis and the current euro irritation, these investment criteria are likely to remain even in the medium term highly relevant. Contact information: AAD Fund discount GmbH reel 1 35037 Marburg Tel.: 06421-979-020 fax: 06421-933-570 AAD Fund discount GmbH company is an independent fund placement firm based in the university town of Marburg. It offers investors the opportunity to earn over 9,000 mutual funds and virtually all closed-end funds at discount rates without subscription fee.

Open and closed real estate funds serve different investment strategies Berlin, 06.02.2012 – the investment in real estate funds is important for many years part of risk scattered Depot strategies. In closed-end funds, the real estate are even sales leader, with the open-end fund real estate commitments represent an interesting alternative to the many possibilities of the distribution on different asset classes. Especially in times of low building interest as at present, the focus is often on the real estate market, because loans are cheap. Why then not in this asset class investing? A well-founded knowledge of the specifics of the Fund belongs to the discovery of the correct Fund type and the appropriate weighting in the own Depot next to the corresponding knowledge base. A common expert recommendation is the broad establishment of own investment. Open and closed real estate funds offer what advantages and disadvantages? Differences, opportunities and advantages and disadvantages of open and closed real estate funds are closed-end real estate funds total corporate investments in one or a very limited number of real estate projects. The purchase of shares is possible only during the drawing phase. After the closure of the Fund, typically no purchases or sales are possible.

The so-called secondary market, which is connected and not always liquid with some disadvantages an exception here. The capital over a multi-year period, which is also an entrepreneurial risk subject to is therefore intense. Yields are achieved by distributions, resulting mostly from the rental income. Open-ended real estate funds represent a widely dispersed investment alternative real estate companies and many different real estate projects, etc. the selection depends on the decisions of the Fund management. A share purchase and sale daily at any time, on the composition of the Fund (so is invested in which individual values or projects) is outside the sphere of influence of the Fund shareholders.

Even Friedrich Schiller knew the obsession with short and long repentance, if not an in-depth review have previously undergone long-term commitment. Closed-end funds are no exception in this regard. Financial products not except suffer also closed-end funds reinforced a general loss of confidence of investors are. In addition to the financial crisis, also the sins of the past reverberate as different initiators in the barely regulated gray market by frivolous or risky business practices threatened to bring an entire industry into disrepute. Linkedin has compatible beliefs. In this sometimes very one-sided media coverage contracted but that there were exceptions and not the rule.

Reputable studies have shown that, for example, 92 and 97 percent of all issued property and ship investments of the last 11 to 37 years could generate average gains between 6.8 percent and 9.7 percent for its investors. Little wonder, then, that in the past more than one million investors in the Federal Republic of Investment in closed-end funds entrusted. Indeed, closed-end funds as hardly a different investment vehicles offer a tremendous transparency and the possibility, in the long run to invest in sustainable asset holdings. This advantage stands out especially volatile markets, low yields, inflationary tendencies and open outcropping risks of classic investment instruments in the course of the current financial and currency crisis. The tougher regulations proposed by the Federal Government will also help that closed-end funds as deposits will enjoy a higher profile in the future.

But also risks preclude the numerous opportunities of this type of investment, which should absolutely know investor to carry out a serious selection of products and initiator”, explains the General Manager of AAD Fund discount GmbH, Dr. Jurgen Hilp. Closed-end funds are corporate investments, which can be purchased generally through the drawing of consents. The The minimum investment sum is usually 10,000 euros and the capital is regularly over the long term.

But please only with secured NPL NPL funds a new company is pressing forward with a rate savers in the NPL-Fund range on the market and thus makes pioneering work in a very young, but still strongly growing market in this asset class. There are currently a total NPL funds from three vendors in the market. That is the Fund of Taskforcenpl1, who has done pioneering work here. However, as this is just with pioneers, this Fund has certainly still some technical shortcomings. As a future second provider, we know the German Gesellschaft fur Grundbesitz AG from Leipzig, whose Fund focuses in the area of acquisition secured claims. A third company, there is now a company from Kempten im Allgau, which brings a rate savers in the NPL-Fund range on the market. Allowing the use of pages of the BFin should be expected later this week.

This company invested according to the us present preliminary prospectus only in secured claims. Particularly noteworthy is the choice of the financial instrument that it has selected from our point of view. A Pioneer product, which has existed in this asset class as not yet on the German market. It goes to a registered bonds. A savings bond is a registered bonds for example. Here everyone from a contribution of 25 euro can take part in the business of the big monthly. Now, whether this is really the case, as with all three products that show future sounds is good. The opportunity with these products we see to make money however as “very good”. We still don’t know who the third company but works with at the servicing. This will you then “disclose”, if there is the official permission.

Newly developed emission houses shy away from the cost of management by investors and brokers often bad Gandersheim, the 23.03.2011. How quickly because by the issuing House broker as a distributor can be obtained and how even the placement of the Fund succeeds is too unclear at the beginning. In a functioning administration, who must be plugged here initially large sums of money is often overwhelmed”, explains Wolfgang Bach, CEO of F.I.T.. financial information technology GmbH – a software house and data center, which offers outsourcing, inter alia in the area of customer relationship management, Commission accounting and project management. The F.I.T. GmbH staff know just a premise: efficient for their customers to work, what are typically suppliers of closed-end funds, investments or owners of cooperatives. Therefore, also the customer service is capitalized.

“Anyone who thinks that this performance with a simple Windows Calculator” to depict is, which is wrong. F.I.T.. is rather powerful technique (ORACLE database and) HP-Unix-Betriebssystem optimized with a workflow management system) a. 280,000 customers and 500,000 contracts so far successfully and professionally managed, show that easily large amounts of data to process. This distinguishes F.I.T..

just as a data center. The reward system is also tempting, because one-time setup costs only per contract charges. This makes the F.I.T..-management of the funds to calculate, manageable and therefore particularly interesting for just started issuing houses. This IT service does this in the data area actually about: data management, data backup, as well as the ongoing reconciliation, taking into account the data protection regulations. The issuing House, choosing to cooperate with F.I.T., can be accessed while also taking into account the above-mentioned data protection rules – over the Internet on its data. In addition furnished call center ensures the careful acquisition of all relevant information and provides additional information such as the Satisfaction of the Subscriber of the Fund. The treatment is chosen so that it can be included directly in the financial accounting of the issuer. Within the framework of the contract management all services of the investors management acquires F.I.T.. this: the acceptance and testing, as well as vote on the payment and if necessary reminders to investors information as well as the tax processing. The service character stands for F.I.T.. the focal point. This also includes that all transactions are carried out. What is generally understood by the keyword distribution partner support is one of the benefits of sales management, however. In addition to the classic collection and care also the Commission calculation including the transfers. In addition, controlling system offered the issuer of a sales, with sales reports, statistical surveys, completion rates and more sales figures achieved the. The settlement can be for smaller units as well as for multi-level. We learned about nor no company, in which We could deduct not directly up to the last level”, explains managing partner Wolfgang Bach. F.I.T.. is a fully outsourced investor – and broker management from a single source, at the highest level and with the latest technical equipment. The whole thing to a very fair price. For more information,

Wrong advice of Lloyd launched in the year 2004 with around 27 million equity and closed the year 2005 founded damages of the investors Fund 54 ‘Premium Ship Select’ is at the end. After the a fund ship, the MS “Laura Schulte”, a 1,740 TEU freighter, mid-2012 had to file bankruptcy, “Tatiana Schulte” the insolvency administrator on Board was now also the second fund ship, container ship MS. The preliminary insolvency proceedings opened on 19 April 2013. For the investors of Lloyd, the total loss is thus entered Fund 54. You are faced with the question, to accept the loss, or their money to fight the chances are. Good opportunities for the enforcement of claims for damages why we come to this fundamentally optimistic assessment? For many clients who are involved in Fund 54 the Lloyd, we have so far examined the deliberations, as well as the prospectus of the Fund and our opinion found brochure defects, as well as faulty investment advice. Both justified claims for compensation against the Adviser, Advisory banks and the founding shareholders of the funds, which are also liable under a recent decision of the BGH for wrong advice – firm/news /…

. Totally inadequate education about risks from conversations with many investors we know that these were not informed about the risks, which are carried out in the current crisis of the Fund, by their advisors prior to the drawing of the Fund. Closed-end real estate funds are, as the Federal Court of Justice in its judgment to AZ. III ZR 249/09 formulated corporate investments that the risk as such, that capital at least for a part can be lost. The risks of involvement must form therefore an essential part of the consultation. Wrong advice not substantiated claims of investors who have consultants involved in the distribution of ship funds investors, with which we previously discussed, the risks of highly speculative ship funds informed. We noticed the following defects analysis of the deliberations: soft costs proportion concealed proportion of investor funds invested not valuable – concealed high distribution costs – concealed no education about the risks of participation overcapacity in container ships – concealed strong fluctuations of the Charter rates from the expiry of fixed Charter times possible – concealed ship operating costs – influence of Charter rates on the value of the ship too low – concealed ship funds as retirement not suitable no information about Commission interests of the Advisory banks and savings banks because certain errors in the advice always resurface, we see promising opportunities for the enforcement of claims for damages for the violation of obligations under the respective contracts of advice. Want to know whether you can enforce 54 compensation claims fund investors of Lloyd? Call us, we know how to get to your right. Nittel Firm specializing in banking and Capital markets contact Mathias Nittel, lawyer specializing in banking and capital market law, Alexander Meyer, lawyer

In the equity sector it crises: interesting investment opportunities are desperately sought while investors shun the segment of the closed-end funds. St. Gallen, 28.10.2013. The image of the closed-end funds was considered affected: fraud, poor performance and lack of transparency are just a few reasons that restrain investors despite the current complex emergency. You may wish to learn more. If so, Wells Fargo Bank is the place to go. Closed-end funds acquire tangible assets such as aircraft, real estate, boats, wind power and solar systems for a longer period of time. The drawing investors enter into an entrepreneurial participation and undertake to keep their capital until the sale of the investment object in the Fund. The industry gained a 2012 so little money like never before: only 4.5 billion.

Even in the crisis year of 2008, there were more. 2007 had the Party raised more than 12.6 billion to investors. The sales weakness continued also in the first quarter of 2013. The selection of closed-end Fund has dropped significantly. The BFin has 29 new deals in the first quarter allows.

After the Federal Government has newly regulates the industry products within the framework of the EU directive for managers of alternative investment funds (AIFM) July 22, went so far at least recognizable no new models of participation in the placement. The placement volume will shrink this year expected to be 40 percent. The great restraint lies with the new permission because among other things, that the initiators as well as the Federal Agency for financial services supervision (BFin) as the licensing authority had serious problems with the handling of the new regulations, it is called in the industry. The issuing houses must meet in the future higher standards. They need an advanced registration, the scope of which is still not entirely clear in the case, and it must meet strict requirements for equity and transparency and disclosure requirements to investors and supervisory. There are also stricter rules for the liquidity and risk management. The new AIFM rules are supposed to a significant regulatory lead and promote the transparency and control over the issuing houses. There is also a leaflet now available for the closed-end funds. Essential information such as assets, investment strategy, risk, capital repayment and yields under different market conditions, as well as costs and commissions must be listed on a maximum of three DIN-A4 pages.

The most recent version appears before this background tend to be arbitrary and hostile to innovation. A ban on a object Fund with a minimum amount of drawing of under 50,000 euros is also planned. This scheme could lead to a loss of a substantial part of the investors and would penalise in particular such investors that a lower assets call their own. Lower drawing sums will be while in the future, but are subject to a yet unspecified defined and quantified principle of risk diversification”. It is clear that such a closed Fund in multiple objects would have to be invested.

However, it remains questionable why a multi-fund object should necessarily achieve a more favourable risk structure. Because major risk criteria such as, for example, the tenant structure real estate funds remain sidelined in this perspective. Ultimately the Fund volumes would increase and the pre-financing would significantly complicated. Basically, the risk diversification should be therefore rather at the portfolio level of investor, because only this can optimize the preferred structure of individual risk through selective investments. The risk mitigation intended by the new draft of the law and transparency in the area of closed-end funds is always welcome and will certainly strengthen investor confidence in the future. Nevertheless, seem individual provisions in the current version of the AIFM directive necessary objective to overshoot.

Closed investments for private investors in attractiveness could ultimately lose. Thus small investors in much riskier asset classes could be forced, which also often without restrictions can be invested in. Free after Tucholsky, the opposite of good is not just bad, but well intentioned. It remains to be hoped that the legislature in the final version will allow a better balance between regulatory and entrepreneurial freedom of investment”, says the Managing Director of the AAD Fund discount, Marco Otter leg. About the AAD Fund discount GmbH and the AAD Fund discount blog AAD Fund discount GmbH is an independent fund placement firm based in the university town of Marburg. It offers investors the opportunity to acquire more than 9,000 mutual funds and virtually all closed-end funds at discount rates without subscription fee. In the AAD Fund discount blog blog.aad-fondsdiscount.de are both current as well as basic questions about the topics of closed-end funds and mutual funds picked up and lit in economic and legal terms.